One of the more common contracts a business in Ohio may use is the employment contract, and many of those contain noncompete agreements. While an employee may feel the noncompete agreement potentially hinders his or her ability to pursue better opportunities in a...
Starting a small business in Ohio means making many decisions before the first transaction is ever made. One of the first decisions may be the type of business organization to use that will be most appropriate for the goals of the entrepreneurs. Many just starting out...
Companies often spend considerable time and money searching for and training employees and managers. The Ohio based company goes to this expense in anticipation of the individual remaining loyal to the company and working with the company for at least a certain time...
In recent years, consumers in Ohio and across the country have seen more retail giants facing bankruptcy or closing stores. For many, this drastic measure is the result of an inability to compete with e-commerce retailers like Amazon. Those companies that were unable...
Location is key in the success of many Ohio businesses. In most instances, similar types of businesses congregate in the same general area. Thus when a company is looking to invest in real estate, it often looks for property in the same general area as like-minded...
Better ingredients may make better pizza, but they don't always make better business. When the brand of a company is tied to the identity of the founder and CEO, it may be difficult to salvage the reputation of the product if the founder's own reputation is in...
The concept has been developed, a location has been acquired and employees have been hired. Additionally, the market has been tested and the product or service fine-tuned to meet the needs of prospective clients or customers. These are all important business planning...
Employers in Ohio and elsewhere do what they can to ensure their staff members are being paid fairly, yet at the same time not to the detriment of their companies. Certain laws allow employers to withhold overtime pay if their employees are classified in a certain way...
Businesses often rely upon vendors to supply necessary parts to produce the end product. While the Ohio business and the vendor may be physically thousands of miles apart, they still have a working relationship and often a contractual obligation with each other. Most...
Many in Ohio and beyond are discovering the benefits of owning commercial property. Real estate as an investment can add diversity to a retirement plan and offer an interesting and flexible source of income. However, there may come a time when a commercial property...